“Only Their Hairdressers Realtors Know For Sure”*

When you see the “For Sale” sign disappear in front of a home, the presumption — amongst Realtors and non-Realtors alike — is that the house closed, and that the sales price is now a matter of public record.

Which prompts non-Realtors to ask Realtors what it sold for.

Which prompts Realtors to look it up on MLS.

Whereupon I discovered that the home in this particular case doesn’t actually close until the end of May.

In the meantime, the only ones who really know the price for sure are  . . . the parties to the transaction and their Realtors.  

Retrieving Sign Riders

How do you know — usually — when a house is about to close? 

The sign riders disappear.

That’s because Realtors know that if they don’t collect their riders (“Open Sunday,” “Three-Car Garage!”, “Ross Kaplan,” etc.) before the “For Sale” sign gets picked up, post-closing, their chances of ever seeing them again are nil. 

At $20 – $30 a pop — that can add up!

*To quote a famous ’70’s era TV commercial for hair coloring.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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